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"I think oil prices are too high but there is nothing we can do" : Qatari Oil Minister, speaking for OPEC

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Filed: Timeline

DOHA (Reuters) - Oil prices are too high and OPEC can do nothing to cool them, Qatari Oil Minister Abdullah al-Attiyah said on Monday.

"I think oil prices are too high but there is nothing we can do," he told Reuters on the sidelines of the Qatar Economic Forum.

http://cnn.netscape.cnn.com/news/story.jsp.../0347311525.htm

Man is made by his belief. As he believes, so he is.

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Filed: Country: Belarus
Timeline

If anyone believes the USA can drill itself out of its addiction to petroleum...they are sadly mistaken. This has been looming for years and years. There is no magic pool of oil in the Gulf of Mexico to bail us out of our dilemma. It's all supply and demand...and we demand way more than we are capable of supplying.

Any major disruption in world supply will be a nightmare for the USA.

And the US hurricane season is just around the corner again!

"Credibility in immigration policy can be summed up in one sentence: Those who should get in, get in; those who should be kept out, are kept out; and those who should not be here will be required to leave."

"...for the system to be credible, people actually have to be deported at the end of the process."

US Congresswoman Barbara Jordan (D-TX)

Testimony to the House Immigration Subcommittee, February 24, 1995

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"The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure. It is a sign that the U.S. Government can’t pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government’s reckless fiscal policies."

Senator Barack Obama
Senate Floor Speech on Public Debt
March 16, 2006



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